Genesee & Wyoming Inc. (G&W) (NYSE:GWR) announced today that it has
completed the acquisition of Pinsly Railroad Company’s Arkansas Division
(“Pinsly Arkansas”) for approximately $40 million in cash, subject to
adjustment for final working capital.
By Claudia Assis, MarketWatch
Railroads are resilient, Credit Suisse says
SAN FRANCISCO (MarketWatch)--Shale-oil tankers may be leaving the train, but that won't dent a bull case for railroads as the best way to play industrials stocks amid plunging crude prices.
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